Level Four Advisory Services LLC cut its stake in HCA Holdings, Inc. (NYSE:HCA) by 40.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,332 shares of the company’s stock after selling 3,626 shares during the quarter. Level Four Advisory Services LLC’s holdings in HCA Holdings were worth $472,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in HCA Holdings by 0.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 3,174 shares of the company’s stock worth $277,000 after purchasing an additional 14 shares in the last quarter. Advisor Partners LLC lifted its stake in HCA Holdings by 0.3% in the 2nd quarter. Advisor Partners LLC now owns 4,732 shares of the company’s stock worth $413,000 after purchasing an additional 14 shares in the last quarter. Wetherby Asset Management Inc. lifted its stake in HCA Holdings by 0.6% in the 2nd quarter. Wetherby Asset Management Inc. now owns 4,232 shares of the company’s stock worth $369,000 after purchasing an additional 25 shares in the last quarter. Argent Capital Management LLC lifted its stake in HCA Holdings by 1.2% in the 2nd quarter. Argent Capital Management LLC now owns 4,370 shares of the company’s stock worth $381,000 after purchasing an additional 50 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in HCA Holdings by 1.5% in the 2nd quarter. Wedbush Securities Inc. now owns 6,028 shares of the company’s stock worth $526,000 after purchasing an additional 88 shares in the last quarter. 73.76% of the stock is currently owned by hedge funds and other institutional investors.

In other HCA Holdings news, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $79.87, for a total transaction of $171,720.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 2.90% of the company’s stock.

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HCA has been the topic of a number of research reports. ValuEngine lowered shares of HCA Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Argus initiated coverage on shares of HCA Holdings in a research note on Wednesday, June 28th. They issued a “buy” rating and a $100.00 target price on the stock. KeyCorp reissued a “buy” rating and issued a $95.00 target price on shares of HCA Holdings in a research note on Thursday, September 7th. BidaskClub lowered shares of HCA Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Bank of America Corporation lowered shares of HCA Holdings from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $102.00 to $92.00 in a research note on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $92.79.

HCA Holdings (NYSE:HCA) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.80 by ($0.05). The company had revenue of $10.73 billion for the quarter, compared to analysts’ expectations of $10.76 billion. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 EPS.

HCA Holdings Profile

HCA Healthcare, Inc, formerly HCA Holdings, Inc, is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.

Institutional Ownership by Quarter for HCA Holdings (NYSE:HCA)

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